Roth Capital Forecasts Airship AI FY2024 Earnings

Airship AI Holdings, Inc. (NASDAQ:AISP - Free Report) - Equities research analysts at Roth Capital issued their FY2024 earnings per share (EPS) estimates for shares of Airship AI in a research note issued on Sunday, November 17th. Roth Capital analyst S. Searle expects that the company will post earnings of $1.71 per share for the year. Roth Capital also issued estimates for Airship AI's Q4 2024 earnings at ($0.06) EPS, Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.02) EPS and Q3 2025 earnings at $0.01 EPS.

Separately, Benchmark reiterated a "buy" rating and set a $6.00 price objective on shares of Airship AI in a research report on Tuesday.

Airship AI Price Performance

NASDAQ AISP traded down $0.10 during trading on Wednesday, reaching $2.62. The company's stock had a trading volume of 409,420 shares, compared to its average volume of 2,684,795. The firm has a fifty day moving average of $2.37 and a 200 day moving average of $3.34. Airship AI has a one year low of $1.34 and a one year high of $14.32.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. State Street Corp grew its holdings in shares of Airship AI by 54.2% during the third quarter. State Street Corp now owns 128,685 shares of the company's stock valued at $296,000 after buying an additional 45,247 shares during the last quarter. Virtu Financial LLC bought a new position in Airship AI during the 1st quarter valued at about $147,000. Geode Capital Management LLC boosted its holdings in shares of Airship AI by 12.1% during the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company's stock valued at $459,000 after acquiring an additional 21,616 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Airship AI by 70.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company's stock worth $68,000 after acquiring an additional 12,214 shares during the period. Hedge funds and other institutional investors own 5.89% of the company's stock.

Insider Activity at Airship AI

In related news, President Paul M. Allen sold 30,000 shares of the business's stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $3.40, for a total transaction of $102,000.00. Following the sale, the president now owns 70,000 shares of the company's stock, valued at $238,000. The trade was a 30.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 57.90% of the stock is owned by corporate insiders.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.